130 million years ago, there were two main landmasses. In the North, there was Laurasia, roughly corresponding to modern Eurasia and North America. In the South was Gondwana, corresponding to modern Australia, Africa, Antarctica, South America and the Indian subcontinent.
There was an intermittent land-bridge between Laurasia and Gondwana, between the modern North and South American continents, and at various times some contact between Africa and Europe.
Marsupials migrated via Europe into North America, and then to South America. By 100 million years ago, Africa had separated from the rest of Gondwana, and it does not seem that marsupials ever established themselves in Africa. They did, however, migrate into Antarctica and Australia.
The Laurasian marsupials all became extinct. Gondwana continued to break up, with Australia and then South America separating from Antarctica, and the landbridge between the Americas was also severed. Antarctica moved further south, the polar current was established, and it became much colder, and the marsupials went extinct in Antarctica. The formation of a stable isthmus between the Americas some three million years ago allowed marsupials to spread back into North America.